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Future Value. Sandra wants 10 deposin $100 each year for her son. If she places it in an investment account that averages a 6% annual
Future Value. Sandra wants 10 deposin $100 each year for her son. If she places it in an investment account that averages a 6% annual retum, what amount will be in the account in 18 years? How much will she have if the account earns 13% a year? It she places it in a savings account that pays 6 percent, the amount that wal be in the sccount in 18 years is $ (Round to the nearest cent) , (Use your financial calculater or you may use the Financial Tables in Apoendic C in computing your answer If she places in in savings acoount that pays 13 percent, the amouns that will be in the account in 18 years is: (Round to the rearest cent) (Use your financial calculatoc or you may use the Financial Tables in Acoendix. C in computing your
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